Xie Taojun, Ammu George, Liu Jingting

ASIA COMPETITIVENESS INSTITUTE, LEE KUAN YEW SCHOOL OF PUBLIC POLICY, NATIONAL UNIVERSITY OF SINGAPORE. XIE TAOJUN IS AN ASSISTANT DIRECTOR (RESEARCH) AND SENIOR RESEARCH FELLOW. AMMU GEORGE AND LIU JINGTING ARE RESEARCH FELLOWS.

Binance backed out of plans to acquire FTX, the company said on Wednesday (Nov 9).
PERSPECTIVE

Free banking in the crypto world

All stablecoins and crypto exchanges will eventually be fully backed. The question is when.